www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29974152
29974153

4562 W Houghton Lake Dr, Houghton Lake, MI 48629 For Sale

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
MP
MI MI 6501396308
Encore Real Estate Investment Services
BH
MI 6501349119
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services
$499,000
143 days on market
Updated 53 days ago
Opportunity zone

Former Drug Store

Details
Property Type Retail
Sub Type Convenience Store, Pharmacy/Drug (+1)
Square Footage 10,268
Price per SqFt $49
Year Built 1993
Buildings 1
Stories 1
Acreage 0.970

For Sale

Marketing description

Introducing an incredible opportunity in Houghton Lake, MI! Formerly a bustling drug store, this property at 4562 W Houghton Lake Dr, Houghton Lake, MI 48629 offers endless possibilities for savvy investors or entrepreneurs looking to make their mark.

Featuring a prime location in a high-traffic area, this space is ideal for a variety of uses such as retail, office space, or redevelopment. The versatile layout and ample square footage provide a blank canvas for your vision to come to life.

Don't miss this chance to secure a property with immense potential and endless possibilities in a sought-after location. Whether you're looking to start a new venture or expand your portfolio, this property is a must-see. Take the first step towards realizing your real estate goals with this exceptional property in Houghton Lake.

Investment highlights

  • 10,268 SF Free-Standing Building | Constructed in 1993

  • Directly in Front of Houghton Lake - Popular Northern Michigan Tourist Destination Renowned for Its Resort and Fishing Areas

  • Houghton Lake is Michigan's Largest Inland Lake With Tourism Making Up a Majority of the Local Economy

  • Strategically Located Along W Houghton Lake Dr Which Has Traffic Counts of Over 12,700 Vehicles Per Day

  • Proximity to Major Highways US-127 and I-75 Provide Direct Routes to the Area and Make Houghton Lake a Popular Road Trip Destination

  • Average Household Income Within a 1-Mile Radius Exceeds 61,993

  • Population Within a 5-Mile Radius of the Subject Property Exceeds 9,250

  • Positioned Along a Retail Corridor and Surrounded by National Retailers Including Arby's, Dollar Tree, McDonald's, The Home Depot, and Walmart

  • Well-Maintained and Ready for Immediate Use | Excellent Investment Potential in the Growing Area

Listing Contacts

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
MP
MI MI 6501396308
Encore Real Estate Investment Services
BH
MI 6501349119
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Deno Bistolarides
License
6502378067
Name
Marcel Pearl
License
MI 6501396308
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591